INDIAN ECONOMY QUIZ

During which five year plan was the annual growth rate registered at 2.5%?

Fourth Five Year Plan (1961-66)

Third Five Year Plan (1961-66)

Second Five Year Plan (1961-66)

First Five Year Plan (1961-66)

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The concept of zero-based budgeting was given by:

Peter A. Payer

Peter drucker

Jagdish bhagwati

None of the listed here

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Reserve Bank of India was nationalized in the year

1935

1945

1947

1949

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As per the Prime Minister’s Economic Advisory Council (PMEAC) Economic Outlook 2011-12, Indian economy is expected to expand by:

7.8% in 2011-12

8.0% in 2011-12

8.5% in 2011-12

8.2% in 2011-12

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Who is responsible for establishing and maintaining astound and efficient accounting and financial reporting system in India?

The Comptroller General of Accounts

NITI Ayog

RBI

None of these

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Excess of Total Expenditure over total Receipts is

Balanced Budget

Surplus Budget

None of the listed here

Deficit Budget

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If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to

decrease

no impact

increase

none of the listed here

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How many banks were nationalized in 1969?

17

16

15

14

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Whose name is associated with formulation of planning strategy in Second five Year plan?

Jawahar Lal Nehru

R. Shenoy

Prasanta Chandra Mahalanobis

Mahatma Gandhi

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National Income estimates in India is prepared by:

Planning Commission

Reserve Bank Of India

Central Statistical Organisation (CSO)

Indian Statistical Institute

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